U.S. RESEARCH ROUNDUP-Altice USA, Dicerna Pharmaceuticals, Phillips 66

Franchise

09/12/2021 15:26

Dec 9 (Reuters) - Wall Street securities analysts revised their ratings and price targets on
several U.S.-listed companies, including Altice USA, Dicerna Pharmaceuticals and Phillips 66, on
Thursday. 
    
    HIGHLIGHTS
     * Altice USA Inc  ATUS.N : JP Morgan cuts to neutral from overweight
     * Brookfield Renewable Corp  BEPC.N : JP Morgan raises to overweight from neutral     
     * Cincinnati Financial Corp  CINF.O : RBC cuts to sector perform from outperform    
     * Dicerna Pharmaceuticals Inc  DRNA.O : Chardan Capital Markets cuts to neutral from buy 
     * Phillips 66  PSX.N : JP Morgan raises to overweight from neutral   
      
Following is a summary of research actions on U.S. companies reported by Reuters on Thursday.
Stock entries are in alphabetical order. 
 
     * Abbvie Inc  ABBV.N : Wells Fargo initiates with overweight rating; target price $165 
     * Acadia Pharmaceuticals Inc  ACAD.O : JMP Securities raises target price to $39 from $35 
     * Accolade Inc  ACCD.O : Stifel cuts target price to $40 from $60 
     * Aerovironment Inc  AVAV.O : Baird cuts target price to $72 from $180 
     * Allstate Corp  ALL.N : Wells Fargo cuts target price to $105 from $123 
     * Altice USA Inc  ATUS.N : JP Morgan cuts target price to $20 from $25 
     * Altice USA Inc  ATUS.N : JP Morgan cuts to neutral from overweight
     * American Airlines  AAL.O : Citigroup cuts price target to $20 from $20.5 
     * American Homes 4 Rent  AMH.N : JP Morgan raises target price to $46 from $45 
     * American Well Corp  AMWL.N : Stifel cuts target price to $7 from $9 
     * Amgen Inc  AMGN.O : Wells Fargo initiates with equal weight rating; target price $210 
     * Apollo Endosurgery Inc  APEN.O : Stifel initiates with buy rating; target price $12 
     * Applovin Corp  APP.O : Citigroup resumes coverage with buy rating and $112 target price 
     * Arista Networks Inc  ANET.N : Citigroup raises price target to $123 from $122.5 
     * Autozone Inc  AZO.N : Oppenheimer raises target price to $2,500 from $1,850 
     * Avantor Inc  AVTR.N : Cowen and Company raises target price to $50 from $48 
     * Avid Bioservices Inc  CDMO.O : Stephens raises target price to $31 from $29 
     * Berkshire Grey Inc  BGRY.O : BofA Global Research starts with buy rating 
     * Berkshire Grey Inc  BGRY.O : BofA Global Research starts with $12 price objective 
     * Biogen Inc  BIIB.O : Wells Fargo initiates with equal weight rating; target price $250 
     * Brinker International Inc  EAT.N : Stifel cuts target price to $42 from $46 
     * Bristol-Myers Squibb Co  BMY.N : Wells Fargo initiates with equal weight rating; PT $58 
     * Brookfield Renewable Corp  BEPC.N : JP Morgan raises to overweight from neutral 
     * Brown-Forman Corp  BFb.N : Berenberg raises target price to $69.20 from $64.90 
     * Brown-Forman Corp  BFb.N : Citigroup cuts price target to $77 from $80 
     * Brown-Forman Corp  BFb.N : Jefferies raises target price to $71 from $69 
     * Brown-Forman Corp  BFb.N : JP Morgan cuts target price to $76 from $77 
     * Brown-Forman Corp  BFb.N : MKM Partners raises fair value to $71 from $69 
     * Builders Firstsource Inc  BLDR.N : D.A. Davidson raises target price to $93 from $82 
     * Builders Firstsource Inc  BLDR.N : Jefferies raises target price to $102 from $84 
     * Cadence Bank  CADE.N : D.A. Davidson raises target price to $35 
     * Campbell Soup Co  CPB.N : CFRA cuts target price by $4 to $43 
     * Campbell Soup Co  CPB.N : Credit Suisse raises target price to $43 from $41 
     * Campbell Soup Co  CPB.N : Piper Sandler raises target price to $45 from $43 
     * Caseys General Stores Inc  CASY.O : Deutsche Bank cuts target price to $256 from $264 
     * Cerner Corp  CERN.O : Stifel cuts target price to $85 from $88 
     * Chevron Corp  CVX.N : JP Morgan raises target price to $142 from $129 
     * Cincinnati Financial Corp  CINF.O : RBC cuts target price to $130 from $135 
     * Cincinnati Financial Corp  CINF.O : RBC cuts to sector perform from outperform
     * Comcast Corp  CMCSA.O : JP Morgan cuts target price to $62 from $64 
     * Computer Programs and Systems Inc  CPSI.O : Deutsche Bank cuts target to $33 from $35 
     * Conn'S Inc  CONN.O : Stephens cuts target price to $29 from $35 
     * Conocophillips  COP.N : JP Morgan raises target price to $90 from $85 
     * Core & Main Inc  CNM.N : Barclays raises target price to $32 from $30 
     * Core & Main Inc  CNM.N : JP Morgan raises target price to $33 from $29 
     * Core & Main Inc  CNM.N : Truist Securities raises target price to $32 from $30 
     * Costco Wholesale Corp  COST.O : CFRA raises target price to $548 from $493 
     * CVR Energy Inc  CVI.N : JP Morgan cuts target price to $19 from $20 
     * CVR Energy Inc  CVI.N : JP Morgan cuts to underweight from neutral
     * Dariohealth Corp  DRIO.O : Stifel cuts target price to $21 from $25 
     * Definitive Healthcare Corp  DH.O : Stifel cuts target price to $48 from $53 
     * Delek US Holdings Inc  DK.N : JP Morgan cuts target price to $19 from $20 
     * Dicerna Pharmaceuticals Inc  DRNA.O : Chardan Capital Markets cuts to neutral from buy 
     * Dicerna Pharmaceuticals Inc  DRNA.O : Chardan Capital Markets ups PT to $38.25 from $28 
     * Discover Financial Services  DFS.N : Piper Sandler raises target price to $125 from $122 
     * Dow Inc  DOW.N : Wells Fargo cuts target price to $67 from $75 
     * Duckhorn Portfolio Inc  NAPA.N : Citigroup cuts price target to $25 from $28 
     * Duckhorn Portfolio Inc  NAPA.N : Credit Suisse raises target price to $26 from $25 
     * Duckhorn Portfolio Inc  NAPA.N : JP Morgan raises target price to $27 from $26 
     * Eastman Chemical Co  EMN.N : BofA Global Research raises price objective to $125 from $123 
     * Edwards Lifesciences Corp  EW.N : Bernstein raises target price to $132 from $125 
     * Edwards Lifesciences Corp  EW.N : Jefferies raises target price to $140 from $135 
     * Edwards Lifesciences Corp  EW.N : Piper Sandler raises target price to $133 from $123 
     * Edwards Lifesciences Corp  EW.N : Stifel raises target price to $132 from $129 
     * Edwards Lifesciences Corp  EW.N : SVB Leerink raises target price to $135 from $130 
     * Edwards Lifesciences Corp  EW.N : Wells Fargo raises target price to $133 from $126 
     * Eli Lilly  LLY.N : Wells Fargo initiates with equal weight rating; target price $270 
     * Engagesmart Inc  ESMT.N : Citigroup cuts price target to $31 from $35.5 
     * Engagesmart Inc  ESMT.N : Citigroup raises to buy from neutral 
     * Enviva Partners LP  EVA.N : JP Morgan cuts to neutral from overweight 
     * Esperion Therapeutics Inc  ESPR.O : Needham cuts target price to $12 from $20 
     * Evgo Inc  EVGO.O : JP Morgan initiates coverage with overweight rating and PT of $20 
     * Exxon Mobil  XOM.N : JP Morgan raises target price to $83 from $81 
     * Fidelity National Information Services  FIS.N : Credit Suisse cuts PT to $150 from $160 
     * First Internet Bancorp  INBK.O : Piper Sandler raises target price to $61 from $50 
     * FirstEnergy Corp  FE.N : Mizuho raises target price to $39 from $38 
     * Franchise Group Inc  FRG.O : Barrington Research raises target price to $65 from $58 
     * Fubotv Inc  FUBO.N : JP Morgan initiates coverage with overweight rating and PT of $28 
     * Full House Resorts Inc  FLL.O : Craig-Hallum raises target price to $18 from $14 
     * Gamestop Corp  GME.N : Jefferies cuts target price to $180 from $190 
     * Gamestop Corp  GME.N : Wedbush cuts target price to $45 from $50 
     * Gilead Sciences Inc  GILD.O : Wells Fargo initiates with equal weight rating; PT $72 
     * Grab Holdings  GRAB.O : UBS initiates with rating buy and target price $13 
     * Gray Television Inc  GTN.N : Guggenheim raises target price to $28 from $27 
     * Hannon Armstrong Sustainable Infrastructure Capital Inc  HASI.N : Morgan Stanley raises target price to $66 from $62
     * Headhunter Group  HHR.O : Xtellus increases target price for to $80 from $72; keeps buy 
     * Health Catalyst Inc  HCAT.O : Stifel cuts target price to $50 from $55 
     * Healthpeak Properties Inc  PEAK.N : Citigroup raises price target to $37 from $34 
     * Huntsman Corp  HUN.N : Jefferies raises target price to $46 from $44 
     * Inogen Inc  INGN.O : Needham raises to buy from hold 
     * Janus International Group Inc  JBI.N : Stifel initiates with buy rating; target price $17 
     * Karyopharm Therapeutics Inc  KPTI.O : RBC raises target price to $9 from $8 
     * Karyopharm Therapeutics Inc  KPTI.O : Wedbush raises target price to $8 from $7 
     * Knight-Swift Transportation Holdings Inc  KNX.N : Cowen and Company ups PT to $77 from $71 
     * Lovesac Co  LOVE.O : BTIG raises target price to $113 from $102 
     * Lovesac Co  LOVE.O : Canaccord Genuity raises target price to $104 from $98 
     * Lovesac Co  LOVE.O : Oppenheimer raises target price to $95 from $85 
     * Marathon Petroleum Corp  MPC.N : JP Morgan cuts target price to $80 from $82 
     * Marsh & Mclennan  MMC.N : RBC cuts to sector perform from outperform 
     * McKesson Corp  MCK.N : Baird raises target price to $300 from $280 
     * McKesson Corp  MCK.N : BofA Global Research raises price objective to $265 from $250 
     * McKesson Corp  MCK.N : JP Morgan raises target price to $297 from $268 
     * McKesson Corp  MCK.N : Mizuho raises target price to $236 from $229 
     * Merck & Co Inc  MRK.N : Wells Fargo initiates with overweight rating; target price $90 
     * Neurocrine Biosciences  NBIX.O : BofA Global Research ups price objective to $129 from $126 
     * Newmont  NEM.N : Canaccord Genuity cuts target price to $62 from $64 
     * Nov Inc  NOV.N : Cowen and Company raises target price to $19 from $18 
     * NRG Energy Inc  NRG.N : BofA Global Research raises price objective to $46 from $44 
     * Nuvei Corp  NVEI.O : CIBC cuts target price to $76 from $160 
     * Occidental Petroleum Corp  OXY.N : JP Morgan raises target price to $39 from $37 
     * Occidental Petroleum Corp  OXY.N : JP Morgan raises to neutral from underweight 
     * Opiant Pharmaceuticals Inc  OPNT.O : Oppenheimer initiates with $42 target price 
     * Opiant Pharmaceuticals Inc  OPNT.O : Oppenheimer initiates with outperform rating 
     * O'Reilly Automotive Inc  ORLY.O : Oppenheimer raises target price to $800 from $690 
     * Oxford Industries Inc  OXM.N : Citigroup raises price target to $118 from $112 
     * Pagerduty Inc  PD.N : Cowen and Company cuts target price to $52 from $58 
     * Par Pacific Holdings Inc  PARR.N : JP Morgan cuts target price to $17 from $19 
     * Pfizer Inc  PFE.N : Wells Fargo initiates with overweight rating; target price $60 
     * Phillips 66  PSX.N : JP Morgan raises target price to $93 from $83 
     * Phillips 66  PSX.N : JP Morgan raises to overweight from neutral 
     * Photronics Inc  PLAB.O : D.A. Davidson raises target price to $22 
     * Photronics Inc  PLAB.O : Stifel raises target price to $16 from $14 
     * Phreesia Inc  PHR.N : Needham cuts target price to $65 from $81 
     * Phreesia Inc  PHR.N : RBC cuts target price to $51 from $60 
     * Radius Health Inc  RDUS.O : BofA Global Research cuts price objective to $9 from $16 
     * Radius Health Inc  RDUS.O : H.C. Wainwright cuts target price to $10 from $23 
     * Radius Health Inc  RDUS.O : Jefferies cuts target price to $9 from $18 
     * Radius Health Inc  RDUS.O : Stifel cuts target price to $11 from $22 
     * Radius Health Inc  RDUS.O : SVB Leerink cuts target price to $20 from $30 
     * Rapt Therapeutics Inc  RAPT.O : JP Morgan initiates with overweight rating and $61 PT 
     * Reata Pharmaceuticals Inc  RETA.O : Baird cuts target price to $37 from $110 
     * Reata Pharmaceuticals Inc  RETA.O : Baird cuts to neutral rating 
     * Reata Pharmaceuticals Inc  RETA.O : Stifel cuts target price to $75 from $240 
     * Reata Pharmaceuticals Inc  RETA.O : SVB Leerink cuts target price to $35 from $282 
     * Reata Pharmaceuticals Inc  RETA.O : SVB Leerink cuts to market perform from outperform
     * Regeneron Pharmaceuticals Inc  REGN.O : Wells Fargo initiates with overweight rating
     * Regeneron Pharmaceuticals Inc  REGN.O : Wells Fargo initiates with target price $750 
     * Rent the Runway Inc  RENT.O : Piper Sandler raises target price to $23 from $22 
     * RH  RH.N : Citigroup cuts price target to $766 from $790 
     * RH  RH.N : Jefferies cuts target price to $634 from $640 
     * RH  RH.N : Wedbush raises target price to $650 from $600 
     * RingCentral Inc  RNG.N : BTIG cuts target price to $350 from $400 
     * RingCentral Inc  RNG.N : Deutsche Bank cuts target price to $300 from $400 
     * RingCentral Inc  RNG.N : Mizuho cuts target price to $300 from $400 
     * Signature Bank  SBNY.O : KBW raises target price to $360 from $330 
     * Snap One Holdings Corp  SNPO.O : Morgan Stanley cuts to equal-weight from overweight 
     * Solo Brands Inc  DTC.N : Jefferies raises target price to $32 from $30 
     * Solo Brands Inc  DTC.N : Piper Sandler raises target price to $24 from $23 
     * Sonos Inc  SONO.O : Morgan Stanley cuts target price to $49 from $53 
     * Southwest Airlines Co  LUV.N : Citigroup cuts price target to $51 from $53 
     * Southwest Airlines Co  LUV.N : Deutsche Bank cuts target price to $60 from $64 
     * Southwest Airlines Co  LUV.N : Jefferies cuts target price to $45 from $60 
     * Southwest Airlines Co  LUV.N : Jefferies cuts to hold from buy 
     * Southwest Airlines Co  LUV.N : JP Morgan cuts target price to $62 from $70 
     * Sportsmans Warehouse Holdings Inc  SPWH.O : Piper Sandler cuts target to $14 from $15 
     * Sunoco LP  SUN.N : Stifel cuts target price to $44 from $45 
     * Sunpower Corp  SPWR.O : JP Morgan cuts to underweight from neutral 
     * Tabula Rasa Healthcare Inc  TRHC.O : Stifel cuts target price to $12 from $24 
     * Tattooed Chef Inc  TTCF.O : Cowen and Company initiates coverage with $24 price target 
     * Tattooed Chef Inc  TTCF.O : Cowen and Company initiates coverage with outperform rating 
     * Teladoc Health Inc  TDOC.N : Stifel cuts target price to $120 from $135 
     * Teradata Corp  TDC.N : Morgan Stanley cuts target price to $56 from $68 
     * Thor Industries Inc  THO.N : BMO raises target price to $175 from $166 
     * Thor Industries Inc  THO.N : Jefferies cuts target price to $115 from $130 
     * Thor Industries Inc  THO.N : Truist Securities cuts target price to $125 from $142 
     * Toll Brothers Inc  TOL.N : Barclays raises target price to $72 from $67 
     * Toll Brothers Inc  TOL.N : Evercore ISI raises target price to $93 from $86 
     * Toll Brothers Inc  TOL.N : JP Morgan raises target price to $76 from $61.50 
     * Toll Brothers Inc  TOL.N : KBW raises target price to $85 from $80 
     * Toll Brothers Inc  TOL.N : Raymond James raises target price to $84 from $75 
     * Toll Brothers Inc  TOL.N : RBC raises target price to $75 from $74 
     * Toll Brothers Inc  TOL.N : Wedbush raises target price to $73 from $64 
     * Torrid Holdings Inc  CURV.N : Cowen and Company cuts target price to $20 from $30 
     * Torrid Holdings Inc  CURV.N : Jefferies cuts target price to $25 from $30 
     * Tower Semiconductor Ltd  TSEM.O : Jefferies raises target price to $46 from $42 
     * Udemy Inc  UDMY.O : Jefferies cuts target price to $24 from $32 
     * Udemy Inc  UDMY.O : JP Morgan cuts target price to $31 from $35 
     * Udemy Inc  UDMY.O : Piper Sandler cuts target price to $34 from $37 
     * Udemy Inc  UDMY.O : Truist Securities cuts target price to $35 from $42 
     * UDR Inc  UDR.N : JP Morgan raises target price to $62 from $57 
     * Uipath Inc  PATH.N : Barclays cuts target price to $61 from $71 
     * Uipath Inc  PATH.N : Berenberg raises to buy from hold 
     * Uipath Inc  PATH.N : BofA Global Research cuts price objective to $62 from $75 
     * Uipath Inc  PATH.N : Canaccord Genuity cuts target price to $55 from $65 
     * Uipath Inc  PATH.N : JP Morgan cuts target price to $59 from $64 
     * Uipath Inc  PATH.N : Wells Fargo cuts target price to $50 from $65 
     * United Natural Foods Inc  UNFI.N : CFRA raises target price to $58 from $52 
     * United Natural Foods Inc  UNFI.N : Deutsche Bank raises target price to $52 from $48 
     * United Natural Foods Inc  UNFI.N : MKM Partners raises target price to $67 from $62 
     * United Natural Foods Inc  UNFI.N : Wells Fargo raises target price to $40 from $30 
     * Valero Energy Corp  VLO.N : JP Morgan cuts target price to $88 from $90 
     * Veeva Systems Inc  VEEV.N : Stifel raises target price to $325 from $305 
     * Vera Bradley Inc  VRA.O : Telsey Advisory Group cuts target price to $11 from $12 
     * Vertex Pharmaceuticals Inc  VRTX.O : Wells Fargo initiates with overweight rating; PT $270 
     * W R Berkley Corp  WRB.N : Truist Securities initiates with $105 price target and buy rating 
     * Weber Inc  WEBR.N : JP Morgan cuts target price to $18 from $19.50 
     * Weber Inc  WEBR.N : Wells Fargo cuts target price to $14 from $17 
     * Wells Fargo & Co  WFC.N : Raymond James raises target price to $58 from $55 
     * Welltower Inc  WELL.N : Citigroup raises price target to $90 from $85 
     * Xometry Inc  XMTR.O : RBC raises target price to $58 from $53 
     * Zimmer Biomet Holdings Inc  ZBH.N : Needham cuts target price to $158 from $175 
     * Zimmer Biomet Holdings Inc  ZBH.N : Needham cuts to buy from strong buy
 
 

 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))